The effects of taxation, price control and government contracts in oligopoly and monopolistic competition. Stern, N. Journal of Public Economics, 32(2):133--158, March, 1987. ![The effects of taxation, price control and government contracts in oligopoly and monopolistic competition [link]](https://bibbase.org/img/filetypes/link.svg "link")
Paper doi abstract bibtex Many government contracts with or policies towards oligopolistic sectors essentially involve private firms selling a given proportion (ϑ), or quantity, of output to the government at a fixed price (PR) with the remainder being sold on the open-market. Often this is combined with consumer rationing. Examples include cement and sugar in India, and health, housing and defence in many countries. The paper investigates the effects of these schemes (including sales and excise taxation) on prices, output and household welfare under oligopoly and monopolistic competition. Less government control (reduced ϑ) may raise prices and tax shifting can be above or below 100 percent.
@article{stern_effects_1987,
title = {The effects of taxation, price control and government contracts in oligopoly and monopolistic competition},
volume = {32},
issn = {0047-2727},
url = {http://www.sciencedirect.com/science/article/pii/0047272787900090},
doi = {10.1016/0047-2727(87)90009-0},
abstract = {Many government contracts with or policies towards oligopolistic sectors essentially involve private firms selling a given proportion (ϑ), or quantity, of output to the government at a fixed price (PR) with the remainder being sold on the open-market. Often this is combined with consumer rationing. Examples include cement and sugar in India, and health, housing and defence in many countries. The paper investigates the effects of these schemes (including sales and excise taxation) on prices, output and household welfare under oligopoly and monopolistic competition. Less government control (reduced ϑ) may raise prices and tax shifting can be above or below 100 percent.},
number = {2},
urldate = {2012-04-06},
journal = {Journal of Public Economics},
author = {Stern, Nicholas},
month = mar,
year = {1987},
pages = {133--158},
file = {ScienceDirect Full Text PDF:files/36298/Stern - 1987 - The effects of taxation, price control and governm.pdf:application/pdf}
}
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